TikTok Launching a $200M Fund to Pay Creators for Their Videos
TikTok has established a $200 million Creators Fund. They said the fund will be for those, seeking opportunities to foster a livelihood. Creators will receive regular payments over the coming year and the fund will grow over time. They did not say how much Creators will be paid or how often.
Creators in the US can apply to start in August. They must 18 years of age or older, consistently post original videos, create content that is consistent with TikTok’s community guidelines, and have a baseline follower count. They didn’t say how many followers that is.